HelloFresh (OTCMKTS:HLFFF) Trading 6.8% Higher – Here’s Why

HelloFresh SE (OTCMKTS:HLFFF) shares were up 6.8% on Wednesday . The stock traded as high as $13.43 and last traded at $13.43. Approximately 2,980 shares changed hands during trading, a decline of 68% from the average daily volume of 9,210 shares. The stock had previously closed at $12.58.

HelloFresh Stock Performance

The stock has a 50 day simple moving average of $12.03 and a two-hundred day simple moving average of $9.70.

About HelloFresh

HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom.